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Backpack Releases Summary of July 3rd Incident, Estimated Total Compensation of Approximately $200,000

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吴说
389Words
Jul 7, 2025

Backpack released a summary of the July 3rd incident: On that day, there were delays in recharges and some contract positions were disordered. A total of 5,000 users traded that day, with approximately 500 users profiting and 500 users incurring losses due to the incident. A total of 410 compensation requests were received, of which 242 have been processed, with a total of $70,000.00 USD in compensation issued. The total compensation amount is expected to be around $200,000.00 USD. The reason was that one node in the validator set was out of sync with the other nodes, resulting in a deployment error. A certain piece of code was only deployed to one node and not to the other nodes. [Wu Shuo]

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